Yes, it is as asserted by one blogger.
As I was reviewing my scheduled posts, I dropped by at google to see want is happening around micro-finance and I came across this shocking article that says:
The ugly face of micro-finance was never in doubt. But now even the dark underbelly is coming out in the open. I wonder how much more evidence is required to put a stop to this barbaric activity that goes on unchecked in the name of empowering the poorest of the poor…
This is not to discourage you to do your part in changing and saving lives but to give you some thoughts of what to avoid in the future while you are engage in microfinancing. Continue reading Microfinance Gone Barbaric?